Vietnam News
Six Senses Resorts & Spas will set up its first property in Sri Lanka in a joint venture with Aitken Spence conglomerate and the Favourite Group. The project, worth USD 35-40 million, will comprise a resort and spa and beach front residential villas on a 10.5-acre plot in Ahungalla, close at an existing Aitken Spence […]
Continue ReadingHA NOI — Viet Nam will have a large market for domestic equipment manufacturing with the planned development of 70 coal-fired power plants within the next 15 years, according to mechanical engineering experts. Under the national electricity development plan for 2006-15, more than 40 coal-fired power plants with capacity of 600MW or more will be […]
Continue ReadingVietnam’s capital, Hanoi, starts work on its first rail line HANOI, Vietnam – State media are reporting that Vietnam‘s capital has begun work on its first rail line. The Vietnam News said Monday that the 7.8-mile (12.5-kilometre) line will connect the fast-growing western part of Hanoi with the central train station. It will cost $1 […]
Continue ReadingVietnam’s capital, Hanoi, starts work on its first rail line HANOI, Vietnam – State media are reporting that Vietnam‘s capital has begun work on its first rail line. The Vietnam News said Monday that the 7.8-mile (12.5-kilometre) line will connect the fast-growing western part of Hanoi with the central train station. It will cost $1 […]
Continue ReadingMai Khao’s West Sands destination resort has entered into a hotel management agreement with Singapore‘s Ariva Hospitality. Industry veterans Cameron Ong (ex Ascott CEO) and Jean-Claude Erne head the new brand which has quickly grown to 8 properties in the region including China and Vietnam. Their development pipeline includes expansion into the Philippines and Middle […]
Continue ReadingAppointment of CBRE Indochina to sell JSM Indochina’s property portfolio 20 September 2010 – The Board of JSM Indochina Limited (AIM: JSM.L) is pleased to announce that CB Richard Ellis (CBRE) has been appointed to sell the property portfolio owned by JSM Indochina Ltd , comprising assets in Ho Chi Minh City, Vietnam, and Phnom […]
Continue ReadingSwiss hotelier Mövenpick celebrated the grand opening of its Mövenpick Hotel Saigon yesterday, Sept. 16, following a $15 million renovation that included each and every room, public space, restaurant and retail outlet positioned behind the property’s shimmering new modernist façade.
Continue ReadingMong Reththy to build 32M Cooking oil plant Agricultural investment firm Mong Reththy Group and an unnamed Thai company have agreed to invest US$32 million in a joint venture to build Cambodia’s first cooking-oil plant. Mong Reththy, senator and head of Mong Reththy Group, said yesterday that an agreement had been made, and that the […]
Continue ReadingNGOs campaign to defer dams construction in Lower Mekong Basin Campaigners on Tuesday expressed concern against the members from the Lower Mekong Basin to continue building dams to meet energy demands. In an interview with reporter in Bangkok on Tuesday, Carl Middleton from International Rivers said that concerned activists have been calling the Mekong River […]
Continue ReadingRail talks get Cabinet go-ahead The Cabinet has approved in principle a framework for negotiations between the government and China on a high-speed-train project, which is part of a planned transnational railway linking China to Southeast Asia.
Continue Reading